Research Article

Optimal Cycle Time and Optimal Payment Time under Supplier Credit

This study investigate the retailer’s optimal cycle time and optimal payment time under supplier’s trade credit policy and cash discount policy. Mathematical models have been derived for obtaining the optimal cycle time and optimal payment policy for item under supplier’s trade credit and cash discount so that the annual total relevant cost is minimized. Furthermore, numerical examples have given to illustrate the results developed in this study and a lot of managerial insights have obtained.

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Yung-Fu Huang, 2004. Optimal Cycle Time and Optimal Payment Time under Supplier Credit. Journal of Applied Sciences, 4: 630-635.

DOI: 10.3923/jas.2004.630.635

URL: https://scialert.net/abstract/?doi=jas.2004.630.635

Journal of Applied Sciences

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Yung-Fu Huang

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Research Article

Optimal Cycle Time and Optimal Payment Time under Supplier Credit

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